Condo rental is heavily influenced by government policies, which greatly shape the investment landscape in this sector. The Additional Buyer’s Stamp Duty, Total Debt Servicing Ratio, and Loan-to-Value limits are key measures implemented to promote sustainable property growth and discourage excessive speculation. For foreign buyers, the initial hurdle is significantly higher with a 60% Additional Buyer’s Stamp Duty for their first property purchase. However, despite these cooling measures, the property market remains robust due to solid fundamentals. Savvy investors are able to capitalize on new launch condos with opportunities such as early bird discounts, deferred payment schemes, and attractive financing options, making it a lucrative market for condo rental.
If you are in the market for a new home, affordability is likely at the top of your list of concerns. With rising housing costs and tight credit standards, it can be challenging to find a property that fits within …
